T-Mobile posts 14.3-percent EBITDA drop in Q1

T-Mobile, the Czech Republic’s largest mobile phone operator, on Wednesday posted a 14.3-percent annual decrease in its earnings before interest, tax, depreciating and amortization, or EBITDA, in the first quarter of this year. The margin reached 2.65 billion crowns. T-Mobile’s revenues decreased by nearly ten percent while the number of the firm’s clients rose by around 4 percent, and reached 5.6 million. In a statement, the firm said the results reflected trends registered in the previous periods, such as further development of data services, lower average spending by clients as well as higher consumption of telecommunications services.

Author: Jan Richter